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Ajit Pawar, Maharashtra’s chief minister, has announced that the state will purchase coal to help with the load-shedding situation.

Business
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Ajit Pawar, Maharashtra’s Deputy Chief Minister, stated on Friday that the state’s government has chosen to purchase coal from outside the nation to help alleviate the state’s current load shedding situation. He further stated that efforts were being made to get one coal mine in Chhattisgarh awarded to Maharashtra’s power department. Pawar told reporters that […]

FEATURE

Nestle India Q1 net profit slips 1.25% to Rs 594.71 cr; net sales up 9.74%

Companies
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FMCG major Nestle India Ltd on Thursday reported a 1.25 percent decline in its net profit to Rs 594.71 crore for the first quarter ended March 2022. The company, which follows January-December financial year, had posted a profit of Rs 602.25 crore in the same period a year ago, Nestle said in a BSE filing. However, […]

FEATURE

Coal India gains 4%, hits over 2-year high on hopes of strong earnings

Market
174 views 2 mins

Shares of Coal India (CIL) hit an over two-year high of Rs 205.55, up 4 percent on the BSE in Wednesday’s intra-day trade, surging as much as 10 percent in the past three trading days on the expectation of strong earnings. The stock of state-owned mining company traded at its highest level since January 2020. […]

FEATURE

CNG price hike: Auto, cab drivers in Delhi to go on strike from today

India
148 views 2 mins

With a fresh hike of Rs 2.5 in CNG prices, the members of the auto, taxi, and cab drivers’ associations on Thursday warned authorities that they will go on a strike from April 18 to press for their demand for subsidy on gas prices. On April 11, hundreds of auto, taxi, and cab drivers staged […]

FEATURE

World Bank lowers Pakistan’s economic growth forecast to 4.3%

International
139 views 2 mins

Citing the additional burden on the budget put by the last-ditch energy subsidies by the outgoing Imran Khan government, the World Bank on Wednesday reduced Pakistan’s economic growth rate forecast for the current fiscal year by almost one percent, reported local media. “The financing of the price cuts or subsidies can create an additional burden on […]

FEATURE

Indian Consulate in Shanghai closes in-person services as COVID crisis worsens in China

World
148 views 4 mins

The Indian Consulate in Shanghai has announced the suspension of in-person consular services as China’s gleaming business hub with 26 million people struggling with mounting COVID-19 cases, putting the country’s dynamic zero-case policy to the test. Indian citizens in Eastern China Region may apply at the Embassy of India, Beijing for availing of urgent consular […]

FEATURE

Over 9,500 precaution doses of COVID-19 vaccines given on April 10

Coronavirus News
132 views 4 mins

A total of 9,674 precaution doses of COVID-19 vaccines were administered in the 18-59 years age-group on the first day on Sunday taking the cumulative doses given in the country to 185.74 crore, the Union Health Ministry said. India on Sunday began administering precaution dose of COVID-19 vaccines to all aged above 18 years at […]

FEATURE

Elon Musk refiles Twitter disclosure to show he’s an active investor

Business
168 views 5 mins

Elon Musk refiled the disclosure of his stake in Twitter Inc. to classify himself as an active investor, making the change after taking a seat on the social media company’s board. Musk, a billionaire who is chief executive officer of Tesla Inc., filed a form 13D with the U.S. Securities and Exchange Commission on Tuesday, disclosing […]